February 18, 2014
Lockheed Martin Invests $6 Million in STEM for Urban Schools
The nation’s largest STEM program provider in the US, Project Lead The Way (PLTW), has partnered with Lockheed Martin to provide $6 million to urban school districts throughout the country for math and science education.
PLTW CEO Vince Bertram expressed his support of the partnership on the organization’s blog, writing, “STEM education has never been more important for our country, and no one can solve this problem alone. That is why we are so excited about our national partnership with Lockheed Martin.”
Lockheed has provided over $1.2 million in scholarships for the STEM program provider’s students since 2007.
STEM jobs grew three times faster than those in other fields over the past 10 years, and according to the Department of Commerce, “[STEM] workers play a key role in the sustained growth and stability of the US economy.” More than two thirds of STEM workers have a college degree, and earn on average 26 percent more than non-STEM workers.
By 2018, the number of STEM jobs will grow by 17 percent at a rate of double non-STEM jobs, but there will be an estimated 1.2 million unfilled STEM jobs. Minority students in engineering and science fields are few and far between, currently numbering around 10 percent. The expansion into urban schools resulting from Project Lead The Way’s partnership with Lockheed Martin could help address this enormous disparity concerning minorities in STEM-related fields and education in general.
Jeff Wilcox, vice president of Engineering at Lockheed Martin also commented on the partnership, saying “Success in building the next generation of STEM talent depends on collaboration among industry, educators, policy makers, and families. Our partnership with Project Lead The Way is designed to educate and inspire tomorrow’s scientists, engineers, and mathematicians.â€
PLTW has programs in over 5,000 schools across the nation and helps to encourage problem solving and critical thinking skills with science- and mathematics-centric programs. Specific urban school districts affected by the partnership will be announced “in the coming months.”